Property Overview:
365 Forest Ave, Apt 4d is a condominium unit in Palo Alto, CA, built in 1981. It features 2 bedrooms, 2 bathrooms, and 1,985 sq. ft. of living space. Additional highlights include a parking garage, fireplace, heating and cooling systems, and an estimated home value of $1,183,000.
Neighborhood Highlights:
-
Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs
- Unemployment rate: 2.1% (lower than state average of 4.7%)
-
Cost of Living:
- Median household income: $132,129
- Average annual spending: $83,423
-
Natural Disaster Risk:
- Moderate flood risk
- Low tornado risk
- High earthquake risk
-
Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%)
- Property crime risk: 10.7% (slightly lower than state average of 10.8%)
-
Demographics:
- Community population: 15,402 (17% growth since 2000)
- 50% families with children
- Largest age group: 45-54 years (15.56%)
- Second-largest age group: 25-34 years (13.36%)
-
Schools:
- Nearby schools: Addison Elementary, Palo Alto High, Frank S. Greene Junior Middle, Packard Children’s Hospital/Stanford
- Average SAT score: 1221 (higher than state average of 975)
-
Weather:
- Average temperature: 51.7°F (January), 87.6°F (July)
- Average rainfall: 17.3 inches/year
- Average snowfall: 0.1 inches/year
Property Features:
- Open floor plan with abundant natural light
- 3 patios/balconies for outdoor relaxation and entertaining
- Modern kitchen: Quartz countertops, new sink, high-end stainless steel appliances, large skylight
- Dining room with access to a large covered balcony
- Oversized living room with fireplace and high ceilings
- Primary suite: Large walk-in closet, ensuite bathroom, private balcony, renovated master bath with seamless glass shower
- Bonus room/office (staged as a 3rd bedroom)
- In-unit laundry
- 2 garage parking spaces (one with electric car charger) and storage unit
- Secure underground parking
Location Benefits:
- Prime downtown Palo Alto location: Just two blocks from University Avenue
- Walkable to farmers market, Whole Foods, parks, library, fine dining, and entertainment
- Top-rated public schools: Addison Elementary, Greene Middle, Palo Alto High
- Ideal for modern living, entertaining, and enjoying the best of Palo Alto